Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CARGO Therapeutics Inc shares valued at $105,272 were sold by Radhakrishnan Anup on May 14 ’25. At $3.84 per share, Radhakrishnan Anup sold 27,404 shares. The insider’s holdings dropped to 122,413 shares worth approximately $0.53 million following the completion of this transaction.
Also, Radhakrishnan Anup sold 1,629 shares, netting a total of over 6,522 in proceeds. Following the sale of shares at $4.00 each, the insider now holds 77,317 shares.
Before that, Chapman Gina had sold 7,166 shares from its account. In a trade valued at $179,775, the President & CEO traded CARGO Therapeutics Inc shares for $25.09 each. Upon closing the transaction, the insider’s holdings decreased to 7,166 shares, worth approximately $0.45 million.
As published in a research note from William Blair on January 30, 2025, CARGO Therapeutics Inc [CRGX] has been rated down from an Outperform to a Mkt perform. Analysts at Truist downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late January. As of January 30, 2025, Piper Sandler has decreased its “an Overweight” rating to a “Neutral” for CRGX. Earlier on January 30, 2025, JP Morgan downgraded its rating. Their new recommendation was “an Underweight” for CRGX stock which previously was a “an Overweight”.
Analyzing CRGX Stock Performance
On last trading session,, CARGO Therapeutics Inc [NASDAQ: CRGX] plunged -0.46% to $4.35. During the last five days, there has been a drop of approximately -3.12%. Over the course of the year, CARGO Therapeutics Inc shares have dropped approximately -69.83%. Shares of the company reached a 52-week high of $15.83 on 01/02/25 and a 52-week low of $3.00 on 01/30/25.
Support And Resistance Levels for CARGO Therapeutics Inc (CRGX)
According to the 24-hour chart, there is a support level at 4.30, which, if violated, would cause prices to drop to 4.24. In the upper region, resistance lies at 4.44. The next price resistance is at 4.53. RSI (Relative Strength Index) is 49.12 on the 14-day chart, showing neutral technical sentiment.
Which companies own the most shares of CARGO Therapeutics Inc (CRGX)?
In terms of CARGO Therapeutics Inc share price expectations, FactSet research, analysts set an average price target of 7 in the next 12 months, up nearly 60.18% from the previous closing price of $4.37. Analysts anticipate CARGO Therapeutics Inc stock to reach 7 by 2025, with the lowest price target being 7. In spite of this, 2 analysts ranked CARGO Therapeutics Inc stock as Buy at the end of 2025. On January 30, 2025, Jefferies assigned a price target of “a Hold” to the stock and downgraded coverage with a $3.
